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$2,080,000
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Property Description
Discover this beautiful four-family townhouse in the highly sought-after neighborhood of Clinton Hill, Brooklyn. This property features four renovated one-bedroom apartments, each boasting hardwood floors, original finishes, and an abundance of natural light. The garden apartment offers the added luxury of a bonus room and an expansive outdoor space, perfect for entertaining or enjoying peaceful moments. All units are equipped with stainless steel appliances, ensuring modern convenience, and the entire property is fully tenanted with an average rent of $3,500 providing return on investment. Situated in a tree-lined area surrounded by classic brownstones, this vibrant community offers proximity to the Clinton-Washington C and G trains, as well as a variety of local restaurants and shops. Whether you're an investor or a future homeowner looking to settle in this charming neighborhood, this is a rare opportunity not to be missed!
Full Property Details
Full Property Details for 161 Gates Ave
General
- Sold For: $2,080,000
- Taxes: $29,652
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: L3585029
- Added to Site: 462 day(s) ago
Interior
- Number of Rooms: 12
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: On Street
Location
- County: Kings (Brooklyn)
- Cross Streets: Grand Avenue
- Driving Directions: Google Maps
School Information
- High School District: Brooklyn 13
- Middle School: Urban Assembly Institute Of Math And Science For
- High School: Bedford Academy High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Other, See Remarks
Utilities
- Sewer: Other
- Water: Public
Structural Information
- Architectural Style: Other
- Detached/Attached: Attached
- Construction: Other
- Basement: Yes
- Basement Desc.: See Remarks
- Year Built: 1918
Lot Features
- Lot Size (Sq. Ft.): 1,796
- Lot Dimensions: 19.75 x 90.92
Financial Considerations
- Tax Amount: $29,652.96
Disclosures and Reports
- Property ID: 01969-0087
- Block: 1969
- Lot Number: 87
Listed by Coldwell Banker Reliable R E
Sold by Non-Member MLS
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Schools
Schools serving 161 Gates Ave
School District:New York City Geographic School District 13
| Name | Grades | Distance |
|---|---|---|
Ps 56 Lewis H Latimer 170 Gates Avenue, Brooklyn, NY 11238 | K-6 | 0 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161 Gates Ave
Date
Details
Price
Change
Source
7/24/2025
Sold
$2,080,000
-22.96%
MLS
10/14/2024
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
161 Gates Avenue, Brooklyn, NY 11238 (MLS# L3585029) is a Multi-Family property that was sold at $2,080,000 on July 24, 2025. Want to learn more about 161 Gates Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

